Socio-structural changes such as the population aging and a lack of young people make the intergenerational contract, which the state provides for pension insurance in retirement, appear null and void. Many people are therefore looking for alternatives to private retirement provision, such as the well-known Riester pension or other private pension schemes. The crux of the matter is that the sum must be taxed again at the time of payment. A property has the enormous advantage that it can be acquired for ownership against the assessment of a comparatively low interest rate and continuously distributes money. So in old age a passive monthly income can be achieved in addition to the statutory pension.

If the property is rented out, it distributes profit monthly. As a rule, the majority of this is used to repay the loan, as well as the ancillary costs of the property. However, part of the rental income can also be used for personal purposes. After full repayment, the rental income provides the perfect basis for a new investment or for a private time-out. Please note that the rental income is taxable at the end of each year.

A real estate investment is to be seen like a savings account. The difference is that with a property you have physical ownership from day one, whereas with a savings account you define a sum x at the beginning of the savings plan and at the end you have built up a certain amount of assets. The advantage of real estate is only that - depending on the definition of the financing - it is usually even self-sustaining. In times of housing shortage, rent losses due to vacancy are hardly a risk.